Ford and Ferrari Settle Lawsuit

Earlier this month Ford Motor Company (NYSE:F) sued Ferrari over trademark infringement. Ferrari settled by naming their 2011 Ferrari Formula Once race car from the F150 to the F150th Italia. Ford wanted Ferrari to stop using F150 on any products in the U.S. and sought $100,000 in damages under the Anticybersquatting consumer Protection Act. [eGMCarTech]

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